Norway Iceland Agreement

The agreement also aims to improve the procedure for remission for the prosecution or enforcement of sentences between Member States and Norway and Iceland, taking into account as minimum standards the provisions of the Convention on Extradition between EU Member States of 27 September 1996. In accordance with the terms of the agreement, the parties will ensure that the extradition system is based on a surrender mechanism pursuant to an arrest warrant. An arrest warrant may be issued for offences punishable by imprisonment or imprisonment of up to 12 months, or a prison sentence of at least four months if a sentence has been imposed or if an arrest warrant has been issued. CONSIDERING that the European Union also considers such an agreement desirable, the agreement enters into force, in accordance with the final provisions, on the first day of the third month following the day when the Secretary General of the Council of the European Union has found that all formal requirements (including the filing of notifications and declarations) are respected. With italy submitting notifications and declarations on 29 August 2019, all EU Member States, Iceland and Norway have filed their declarations and notifications. As a result, the formal requirements are met and the agreement came into force on 1 November 2019. The Library of the European Judicial Network provides more information on notifications and statements, as well as other useful information. CONSIDERING that Iceland and Norway have expressed their desire to conclude an agreement allowing them to speed up the modalities of handing over suspects and convicts with the Member States of the European Union and to apply a handover procedure with the Member States, this goods agreement is an interim agreement, while the countries of the United Kingdom and the EEA-EFTA are negotiating for a comprehensive free trade agreement to enter into force in 2021. The agreement covers trade in goods and ensures that 95% of merchandise trade with Norway and more than 90% with Iceland remain duty-free, giving companies confidence that they will be able to continue working under the same conditions as they are today, when the transition period ends.